STX 12.0% 28.0¢ strike energy limited

Ann: Erregulla Domestic Gas Strategy Update, page-9

  1. 2,974 Posts.
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    A huge shot across Gina's bows.

    You might win Warrego, but we are the operator and we're not playing ball.

    The key phrase for me is: '(We will develop our assets) in a manner and within a time frame that (we) can best control'.

    It is a clear warning to any acquirer of Warrego that Strike will focus its attention on its 100 per cent owned assets, rather than being frustrated by a recalcitrant 'partner' at WE.

    The only bit I'm struggling with is our 'conditional agreements' to supply WE gas to CSBP and Perth Energy. The Board seems not to have resolved this either, but I'm sure they'll find a way.

    Strike has struck. Over to you, Gina.

    OOO
 
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